Home sellers have lots of options when is time to sell their properties, however there is no magic formula that will guarantee in achieving the best and highest price possible for their homes. This is why I like to partner with my clients to guide them through the complexities of selling their homes. I assembled a team of true professionals with experience, dedication and strong communication skills to help ensure a successful and profitable sale of your home. 

 

Today, we'll talk about 5 Mistakes First Time Home Buyers Make Most Often

 

 

1. Getting a Pre-Approval

Many people assume they will find the perfect house and sign the contract. While this is a mistake most buyers make, you should get approved first  before you can decide which house you want to buy. 

 

2. Getting A Better Mortgage Rate Quote

Getting a mortgage quote from just one lender may seem time-consuming...but is necessary. There is a lot of competition out there for the best rates and terms. Make sure you have chosen the most cost-efficient mortgage for you...not the lender. 

 

3. Deciding That you "DO NOT" Need a Real Estate Agent

Real estate agents are consultants that will advise you on the best course of action. Not only do they know about the process of buying a home but, a good real estate agent will save money by handling the process expertly to your favor. Having a real estate expert in your side will help you achieve all your real estate goals...with no problems or stress.

 

4. Buying a Home that You Can Afford

Be sure you take in consideration any other monthly expenses that may also be added to your mortgage payment. This includes taxes, HOA fees, CONDO fees, maintenance fees and the potential for increased utility costs.

 

5. Home Inspection Waiver

Home inspections are there to protect home buyers from serious issues with the home’s structure or other systems. During the home inspection, you’ll receive a report with any potential issues or defects in the home, Your real estate agents should use the report to negotiate the necessary repairs or get credit by reducing the price of the house. 

 

Buying a house is an important decision, and you should make sure that you have a solid understanding of how the process works. Your real estate agent is there to protect your best interests and to make sure you avoid these five common mistakes.

 

Always consult with your real estate agent about your home inspection results and the options you have inside the sales contract that you've signed.  

 

To purchase your dream home or a great foreclosure property, is about being educated, thorough and patient with the process. The most important aspect of finding the perfect home is working with a real estate agent who is highly skilled in negotiation and understanding of your expectations!  

 

For more information or assistance to help you find a home in the Las Vegas and Henderson area please call us at 702–845–8540